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FTX founder keeps talking, ignoring typical legal strategy

KEYT

By KEN SWEET
AP Business Writer

NEW YORK (AP) — Sam Bankman-Fried, the founder and former CEO of FTX, has been unusually talkative following the November collapse of the cryptocurrency exchange and his subsequent indictment on fraud and other charges. He’s given a series of interviews intended to present his version of events and used social media to criticize the new management of FTX. The atypical chattiness for a criminal defendant is likely causing Bankman-Fried’s attorneys to scratch their heads, or worse. Prosecutors can use any statements, tweets or other communications against him at his trial, which is scheduled for October. Bankman-Fried returned to Manhattan federal court Thursday for a heaing related to his bail package.

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